First Trust Mid Cap Core AlphaDEX Fund
158 hedge funds and large institutions have $598M invested in First Trust Mid Cap Core AlphaDEX Fund in 2023 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 58 increasing their positions, 61 reducing their positions, and 14 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
1% more capital invested
Capital invested by funds: $593M → $598M (+$4.89M)
0% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 14
0.78% less ownership
Funds ownership: 62.34% → 61.56% (-0.78%)
5% less repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 61
2% less funds holding
Funds holding: 162 → 158 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FH
FWG Holdings
Winter Park,
Florida
|
+$6.37M |
| 2 |
LPL Financial
San Diego,
California
|
+$4.25M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$3.83M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$1.56M |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$1.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$10.4M |
| 2 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$3.29M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$2.82M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.04M |
| 5 |
PEA
Park Edge Advisors
Cleveland,
Ohio
|
-$1.97M |
FNX Hedge Fund Activity: Q1 2023 in Review
158 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Core AlphaDEX Fund (FNX) for Q1 2023, worth a combined $598M — up 0.82% from $593M a quarter earlier.
Fund positioning in FNX was balanced in Q1 2023: 14 funds opened new positions, 14 closed out, 58 added to existing stakes and 61 trimmed.
The largest buyer was FWG Holdings, opening a new position worth an estimated $6.37M. The largest seller was Morgan Stanley, cutting an estimated $10.4M.
- 158 institutional investors held First Trust Mid Cap Core AlphaDEX Fund (FNX) as of Q1 2023, down from 162 in Q4 2022.
- Funds reported $598M of First Trust Mid Cap Core AlphaDEX Fund stock for Q1 2023, up 0.82% quarter-over-quarter.
- 14 funds opened new First Trust Mid Cap Core AlphaDEX Fund positions in Q1 2023 and 14 closed out, a net change of 0 holders.
- The largest First Trust Mid Cap Core AlphaDEX Fund buyer in Q1 2023 was FWG Holdings, an estimated $6.37M added.
- The largest First Trust Mid Cap Core AlphaDEX Fund seller in Q1 2023 was Morgan Stanley, an estimated $10.4M sold.
Based on aggregated 13F filings for Q1 2023.